What is Income-Based Repayment?

A. Income-Based Repayment (IBR) is a federal student loan repayment program that allows you to limit the amount you must repay each month based on your income. Many borrowers with federal Direct Loans can now enroll in IBR online. You get a lower payment if your federal student loan debt is high relative to your income and family size.

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What is Income-Based Repayment?

Q. What is Income-Based Repayment? A. Income-Based Repayment (IBR) is a federal student loan repayment program that allows you to limit the amount you must repay each month based on your income.